A bear market review from Goldman Sachs

Goldman Sachs strategist Peter Oppenheimer said that although expectations point to a moderate rise throughout the year, declines in US index levels should be viewed as buying opportunities.

Stating that he thinks that the corrections in the markets will not turn into a bear market, Oppenheimer stated that the tightening cycle will provide low but positive stock returns.

Emphasizing that ESG and decarbonization will support these trends. Goldman Sachs strategist Peter Oppenheimer said, "High real interest rates and improved profitability fundamentals should move value sectors from value traps to value opportunities."

On the other hand, Citigroup recommended that stocks other than US indices be taken from the bottom. Citigroup, which recommends stocks such as consumer products, healthcare, and telecom, said these sectors are less sensitive to higher interest rates and a slowdown in the economy.

Citing that the latest decline in cyclical shares indicates a short-term market sell-off rather than a sharp economic slowdown, Citigroup recommended that the shares of the FTSE 100 or financial services companies be bought in subsequent declines.